Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.

Get a Professional Answer

Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.

100% Satisfaction Guarantee

Rate the answer you receive.

Ask Phillips Esq. Your Own Question

Phillips Esq., Attorney-at-Law

Category: Bankruptcy Law

Satisfied Customers: 19500

Experience: B.A.; M.B.A.; J.D.

16551887

Type Your Bankruptcy Law Question Here...

Phillips Esq. is online now

My new question is
if I filed for bankruptcy chapter 13 and

This answer was rated:

★★★★★

My new question is if I filed for bankruptcy chapter 13 and my court was dismissed because of my income what are my options for me not to have a foreclosure?The bankrupt tcy attorney said that the mortgage was going to work with me....But I called the manager relation customer service in charge off this account she tells me to fax documentation that I did and now I receive a letter starting that I needed to pay around $12000 before foreclosure..Do I need to file for bankruptcy again ?

Hello: This is PhillipsEsq. I am a licensed Attorney and I will be assisting you today.

My new question is if I filed for bankruptcy chapter 13 and my court was dismissed because of my income what are my options for me not to have a foreclosure? The bankrupt tcy attorney said that the mortgage was going to work with me.... But I called the manager relation customer service in charge off this account she tells me to fax documentation that I did and now I receive a letter starting that I needed to pay around $12000 before foreclosure.. Do I need to file for bankruptcy again ?

Response: If your lender is not willing to work with you and you have filed for bankruptcy protection and your case was dismissed because of your income, then you may not have any solution to save your home. If you do not pay the amount that is being requested by the lender to avoid foreclosure, your home would be foreclosed, unfortunately. You cannot file for bankruptcy protection again if your case has previously been dismissed UNLESS you are now eligible. If you are now eligible, if your income has changed, then you can file for bankruptcy protection to stop the foreclosure. However, the bankruptcy should not be filed prematurely. It should be filed few days before a scheduled foreclosure sale date to maximize the benefit of the bankruptcy filing. So, if the foreclosure sale date has not been scheduled, you should continue to work with the lender on loan modification or refinancing of the mortgage. Then when a sale date is scheduled, you can get your Attorney to file for bankruptcy two to three days before the sale to stop the foreclosure.

Phillips Esq. and other Bankruptcy Law Specialists are ready to help you